Affiliates of QatarEnergy and Shell have signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tonnes per annum (MTPA) of LNG from Qatar to the Netherlands.
Pursuant to the SPAs, the LNG will be delivered to Gate LNG terminal located in the port of Rotterdam starting in 2026 for 27 years. The LNG volumes will be sourced from the two joint ventures between QatarEnergy and Shell that hold interests in Qatar’s North Field East (NFE) and North Field South (NFS) expansion projects.
The SPAs were signed by Minister of State for Energy Affairs, and the President and CEO of QatarEnergy HE Eng Saad bin Sherida Al Kaabi, and CEO of Shell Wael Sawan at a special event held in Doha in the presence of senior executives from both companies.
Al Kaabi said: “We are delighted to sign these two long-term LNG sale and purchase agreements with Shell that will further enhance our decades-long relationship and strategic partnership in Qatar and around the world. There is no doubt that the contracted LNG volumes underscore the vital role natural gas plays in the energy transition and in supporting the energy security of customers across the globe.” (TNN) page 8
